Neuberger Berman Next Generation Connectivity Fund Inc. Declares Monthly Dividend of $0.12 (NYSE:NBXG)

Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) announced a monthly dividend on Thursday, April 30th. Stockholders of record on Friday, May 15th will be given a dividend of 0.12 per share on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 9.8%. The ex-dividend date is Friday, May 15th.

Neuberger Berman Next Generation Connectivity Fund Stock Up 0.5%

NYSE NBXG opened at $14.65 on Friday. Neuberger Berman Next Generation Connectivity Fund has a 52-week low of $12.24 and a 52-week high of $15.65. The company has a fifty day moving average of $13.51 and a 200-day moving average of $14.14.

Neuberger Berman Next Generation Connectivity Fund Company Profile

The Neuberger Berman Next Generation Connectivity Fund (NYSE:NBXG) is an actively managed, closed-end fund dedicated to investing in companies driving the evolution of global connectivity infrastructure. Launched in February 2024 by Neuberger Berman, NBXG seeks total return by building a diversified portfolio of equity and equity-related securities in firms involved in 5G networks, fiber-optic systems, satellite communications, data centers, cloud computing, and other emerging technologies that support faster and more reliable digital connections.

Under its investment strategy, NBXG allocates capital across hardware and software providers, telecommunications carriers, semiconductor manufacturers, and equipment suppliers that benefit from the rollout and expansion of next-generation networks.